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Ed McGuinn is the Company's chief executive officer and has served on the Board of Directors as chairman since July 2004. Prior to MRU Holdings, Inc., Ed was the president and chief executive officer of eLOT, Inc. (formerly known as Executone, Inc.), a public company whose primary focus was the development of consumer e-commerce products and integrated network management systems for the sale of state and governmental lottery tickets on the Internet. Prior to eLOT, Ed was president and chief executive officer of Limitrader.com, the first Internet based trading platform for new issue and secondary trading of corporate bonds. Prior to Limitrader.com, Ed was senior managing director and head of the equity capital markets and corporate finance for two investment banking boutiques. From 1981 to 1992, Ed was managing director and member of Lehman Brothers Fixed Income Operating Committee. Prior to Lehman Brothers, Ed was a senior manager with Ernst & Young in the audit and management consulting divisions. Ed sits on the board of directors of eLOT, Inc. and Enigma Software and on the advisory board of a venture capital company and several development stage companies specializing in financial technology and Internet services. Ed is a graduate of Colgate University. | 